Office N Illinois
Clayco awarded design-build contract for Fulton Market mid-rise

Clayco awarded design-build contract for Fulton Market mid-rise

Clayco has been awarded the design-build contract for the 215 N. Peoria office development in Chicago’s Fulton Market neighborhood. Led by developers Bob Wislow and Camille Julmy, the $26 million mid-rise project includes a 12-story office building featuring bottom floor amenities, two floors of parking, six floors of office space for lease and a green roof used as amenity space.

Office N Illinois
Clear Height signs Orbit Medical to 15,233 SF lease in Aurora

Clear Height signs Orbit Medical to 15,233 SF lease in Aurora

After acquiring the building in May 2018 and completing a refresh of the premises, Clear Height Properties has completed a lease for 15,233 square feet of flex office and industrial space at 550 N. Commons Drive in Aurora, Illinois. Orbit Medical, relocating from Naperville, Illinois, leased contiguous suites including extensive office buildout and 3,925 square feet of warehouse space.

Office N Illinois
Pilsen loft office sells for more than $5 million

Pilsen loft office sells for more than $5 million

The 100,544-square-foot, brick loft office building at 2201 S. Halsted Street in Chicago’s Pilsen neighborhood sold to a local investment group, expanding their portfolio. Angelo Labriola and Paul Cawthon of SVN Chicago Commercial represented the seller in the transaction while SVN Chicago advisor’s Stephen Cusano and James Mead, CCIM, represented the buyer. The light industrial/loft-office investment sold for $5,350,000.

Office N Illinois
Savills facilitates Intelligent Medical Objects' downtown Chicago expansion

Savills facilitates Intelligent Medical Objects' downtown Chicago expansion

Savills completed a 13,424-square-foot lease on behalf of medical technology company, Intelligent Medical Objects (IMO), in Chicago’s historic Inland Steel Building at 30 W. Monroe Street. This move marks a new downtown presence for the company, which relocated its headquarters to Rosemont, Illinois in February. With both leases complete, the company has increased its overall footprint by almost 100 percent.

Office N Illinois
The newly renovated lobby at U.S. Cellular Plaza in Chicago’s O’Hare submarket features lounge-like finishes, sculptural light fixtures,media screens and an open and welcoming space.

Beyond the mega-project: How smaller redevelopment projects are shaping the suburban office market

While some large corporations have bet on the benefits of moving their headquarters downtown, the revival of dozens of suburban office buildings is convincing many other companies to remain in the suburbs and enjoy the urban feel of a redevelopment. Today’s employees appreciate a workplace that allows for activity-based work and amenities throughout the space—which older building’s original layouts may not support.

Office N Illinois
United Airlines reups at Chicago's Willis Tower

United Airlines reups at Chicago's Willis Tower

United Airlines has renewed its lease in Willis Tower, which will keep the world’s second-most profitable airline in the noted high-rise until at least 2033. The news comes after a year-and-a-half search that saw the company considering riverfront megadevelopments for a new headquarters location.